Question : CREDIT FACILITIES BY NMDFC



(a) the details of credit facilities provided by National Minorities Development and Finance Corporation during each of the last three years and the current year, State-wise;

(b) the time frame set up by NMDFC for the disposal of any proposal; and

(c) the mechanism evolved or being evolved by the Government for speedy disposal of any proposal?

Answer given by the minister


MINISTER OF THE STATE (Independent charge), IN THE MINISTRY OF MINORITY AFFAIRS (SHRI SALMAN KHURSHID)

(a) A statement showing State/UT wise funds disbursed by NMDFC during the last three years and the current financial year (upto 30.06.2009) is at Annexe-I.

(b) and (c) NMDFC provides loans through the State Channelising Agencies (SCAs) and Non Government Organizations (NGOs). In order to ensure speedy disposal of applications from beneficiaries, NMDFC has delegated sanction powers to the SCAs for loans up to Rs. one lakh. The SCAs have been instructed to utilize the funds released by NMDFC within three months.